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Large Debt Relief Package in China Fails to Impress

China is raising the debt ceiling for local authorities and simultaneously launching a new large program for special bonds. The market does not seem impressed by the measures, which are described by experts as a debt relief package to handle hidden debts and reduce interest costs at the local level.

Large Debt Relief Package in China Fails to Impress

New signals from China – unexpectedly low inflation

The Chinese economy continues to show clear signs of weakness. Consumer prices rose less than expected in September and producer prices in the world's largest economy fell for the 24th consecutive month, according to the country's statistics agency.

New signals from China – unexpectedly low inflation